Technical Analysis for DBO - PowerShares DB Oil Fund

Grade Last Price % Change Price Change
A 11.62 -0.43% -0.05
DBO closed down 0.43 percent on Wednesday, May 5, 2021, on 74 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical DBO trend table...

Date Alert Name Type % Chg
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish -0.43%
New 52 Week High Strength -0.43%
Above Upper BB Strength -0.43%
Gapped Up Strength -0.43%
Upper Bollinger Band Touch Strength -0.43%
Older End-of-Day Signals for DBO ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 7 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Fell Below Upper Bollinger Band about 11 hours ago
Rose Above Previous Day's High about 12 hours ago
New 52 Week High about 12 hours ago
View Earlier Intraday Alerts

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Profile

PowerShares DB Oil Fund Description

The PowerShares DB Oil Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return™ ("DB Crude Oil Index" or the "Index") plus the interest income from the Fund’s holdings of US Treasury securities less the Fund’s expenses. DB Commodity Services LLC serves as the Managing Owner of the Fund. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index. This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund’s trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. Please see "Important Considerations" and the Prospectus for additional risk disclosures.


Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Invesco Powershares Us Treasury Commodity Price Indices Commodity Market Sweet Crude Oil Light Sweet Crude Oil

Top 10 Components

Symbol Grade Price % Change Allocation
CLTL D -0.01 5.68
View All DBO Holdings

Is DBO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.76
52 Week Low 5.48
Average Volume 950,505
200-Day Moving Average 8.71
50-Day Moving Average 10.95
20-Day Moving Average 11.14
10-Day Moving Average 11.31
Average True Range 0.23
ADX 17.65
+DI 36.93
-DI 19.48
Chandelier Exit (Long, 3 ATRs ) 11.07
Chandelier Exit (Short, 3 ATRs ) 11.21
Upper Bollinger Band 11.71
Lower Bollinger Band 10.57
Percent B (%b) 0.92
BandWidth 10.26
MACD Line 0.20
MACD Signal Line 0.16
MACD Histogram 0.0449
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.91
Resistance 3 (R3) 11.93 11.84 11.86
Resistance 2 (R2) 11.84 11.77 11.84 11.85
Resistance 1 (R1) 11.73 11.72 11.69 11.72 11.83
Pivot Point 11.65 11.65 11.63 11.64 11.65
Support 1 (S1) 11.54 11.57 11.50 11.52 11.41
Support 2 (S2) 11.45 11.53 11.45 11.39
Support 3 (S3) 11.34 11.45 11.38
Support 4 (S4) 11.33